I ran an E24 M6 from 1992 to 1995; I still kick myself for selling it. The only borderline collectable BMW I currently own is a 318ti Club Sport that I ordered back in August 1995; it's one of @10 built without a sunroof. Its value is gradually increasing, but I buy cars to drive and track- not as investments
I've owned BMWs since 1983- when my girlfriend(now wife of 36 years) found a 1973 Bavaria for me. Since then we've owned 12 BMW and one Mini between us. Currently we have 3 BMWs and one Mini in the garage- none are covered by a warranty. I know that based on our ownership history we should be filing our 3rd Chapter 7, have 10 credit cards bouncing off their credit limits, and living in a cardboard box under a viaduct.
Somehow, we have survived...
My name is Ron Smith and I own a 1990 560SEC with 70800 miles! It has been garaged for 32years with three exceptions totaling about 3 weeks outside at night...no body damage - interior is immaculate - new A/C - rear shocks- clean car fax - major mechanical restoration 15 years ago when I inherited it from my late aunt. If you might be interested in purchasing it, contact me at email@example.com or call me @ 858/673-1420 for further information
Big leagues. What does "big leagues" mean? Oh, keep forgetting, this is a site about money more than cars.
Would've sworn this was a hobby. Leave the incessant money talk to Kiplinger's, the Wall Street Journal Weekend Edition, or check a recent issue of Hemmings Motor News, Auto Trader, or considering the above, Kelley Blue Book, which goes back 20 years.
You might join the Used Car Club of America. They have daily meets at a Safeway or Trader Joe's near you.
And p l e a s e don't tell us you "can't afford" something unusual, interesting, historic, older than you, your father, or grandfather given the above "values."
Enough already with the money. Cars are not an investment or road to riches.
They are a h o b b y, even a passion.
The valuation stuff would be more interesting to me if it was discussed differently.
Let's use the 69 Mustang Fastback as the example:
If I dream of that car and only that car then an article telling me the current values of various specs and conditions would be interesting. These "top 5" articles sort of do that but usually with little granularity in detail.
But Hagerty could do more if some other approaches were taken:
-You want a 69 Mustang fastback but can't afford the market? Here are some alternatives and why we suggest them... this probably does well for forum feedback too.
-"best buys in cruise night pony cars under $15 000" or whatever context of use you want to give the list. This breaks away from the "investment value change" focus.
-what age groups have policies on 69 Mustang Fastbacks vs. ten years ago?
^that's just a few quick ideas. I think there are lots of ways to talk about vehicles that can be fun and interesting.
Your point is well-taken. A few ways we see it here:
-people tend to complain when they do the articles about the valuation changes on "surprising" (usually unpopular and/or not considered "collector") vehicles by many posting here
-55-57 2 door chev in various bodies have long been a desirable collectable. They weren't even the top selling car in 1957 but I would suggest they have been kept in much higher % than anything else mass-market made in the 50s. This creates the interesting situation of one of the most common (they were the best seller in 55 & 56 I believe) vehicles being the most desirable and valuable. Which meant early and strong aftermarket support... easier to restore...
I think Hagerty could probably even analyze their data to show that the market for 50s cars overall has gone softer in the last 10 years as the people that lived with these cars as children & teens exit the hobby. Prices of Bel Air convertibles may not be "way down" but from the investment perspective I don't think anyone is recommending getting into 55 Dodges or Packards.
Meanwhile Hagerty invests in Radwood because they see the desirability pressure going up on 80s & 90s vehicles --though lots of forum comments here still dismiss most of those vehicles as collectables. Aside from the Fox body Mustangs and related platforms though I am not sure how many things of this era have the great aftermarket support to feed the survival loop?
Personally I was the one loving the 50s cars when no one around me thought they were cool (crowd too young for that) and still do. I also like a fair bit of the Radwood stuff too. It's mostly the post-2000 era I find less desirable in general.
Maestro1 your hostility is misplaced and unwelcome. You can dismiss my point or provide a better one than mine without being rude or making personal remarks.
Generation X is 1965-1980.
You look at the age span that was in high school 1979-1983 I think they have a different experience than those 1994-1998 but they are all lumped into Gen X.
Articles here and elsewhere often say "people buy their high school dreams or what was cool around them in high school". Don't know if that is true... Hagerty's data might. Presenting it lumped in the generation format blurs that clarity (to me).